A.J. DESIGN AS: årsregnskap 2017 vs 2016
Shrank 23% on revenue, cash halved-plus
approved 2018-06-30; registry 2018-08-02; journal 2018 854781
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A.J. DESIGN AS. Revenue 748.5k NOK → 577.7k NOK (-22.8%). Equity 641.0k NOK → 512.0k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
748.5k NOK
577.7k NOK
-22.8%
Equity
641.0k NOK
512.0k NOK
-20.1%
Cash
124.9k NOK
45.2k NOK
-63.8%
Total assets
129.6k NOK
1.05m NOK
+712.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 748.5k NOK to 577.7k NOK (-22.8% YoY). Calculated
-
↓
Equity eroded
Book equity 641.0k NOK → 512.0k NOK (equity ratio 494.5% → 48.6%). Calculated
-
↓
Cash fell
Bank deposits 124.9k NOK → 45.2k NOK (-63.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.37× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated